Stock Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Transatlantic Petroleum (AMEX:TAT)
Long-Term Uptrend (+90) - TAT is in a strong uptrend that is likely to continue. While TAT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TAT
The long-term trend has been UP since Jun 8th, 2020 at 0.4370
The intermediate-term trend has been UP since Jul 22nd, 2020 at 0.3300
The short-term trend has been UP since Aug 5th, 2020 at 0.3399
Smart Scan Analysis for TAT
Based on our trend formula, TAT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.18||Year High Date||2018-02-07|
|Year Low||0.65||Year Low Date||2018-11-15|
|52wk High||0.9298||52wk High Date||2019-06-24|
|52wk Low||0.12||52wk Low Date||2020-03-13|
|Year End Close||0.83||Average Volume||1,484,279|
|Shares Outstanding||62,349||Short Interest||1,950,483|
|% Institutional||17.7||Market Cap||40M|